Bitcoin Dives Below USD 10K Again, Crypto Market is Down 8%
As the sell-off in the crypto market is continuing this week, the most popular cryptocurrency, bitcoin, just took one step lower and now trades below USD 10,000, or the level last seen on July 31. Among the top 100 coins only a few are in green.
At pixel time (05:00 UTC), bitcoin trades at c. USD 9,820 and is down by more than 7% in the past 24 hours and by 18% in the past week. The price also erased all its monthly gains and is now down by 8% in the past four weeks.
Bitcoin price chart:
However, bitcoin dominance, or the percentage of the total market capitalization, increased almost by 1 percentage point in the past 24 hours. It still stands below 68%.
The total market capitalization is down more than 8%, to USD 259 billion.
Ether, XRP, bitcoin cash are down 12%-13%.
Meanwhile, among the top 100 coins by market capitalization, only a few tokens are in green. Bitbook gambling is the best performer (+25%), while clipper coin and komodo increased by c. 3%.